burnabynorth TOWNHOME-OCTOBER 2 0 2 3
SALES TO LISTINGSRATIO 29% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere45 townhom elistingsin BurnabyN orth in O ctober,nochangetoSeptem berand nochangeto October2022. O ctobertownhom esalesincreased by63% m onth-over-m onth,to 13,and were8% aboveO ctober 2022. Thesales-to-listing ratio fortow nhom esin Burnaby N orth,at29% ,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$950,000,a 28% increasefrom Septem berand 23% aboveO ctober 2022. Theaveragesold pricewas$908,184,11% abovelast m onth;theaveragePSF salepricewas$645,down 0.7% tolastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 10% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 16% VS 2022
▲ 23% VS 2022
0.0% VS 2022
▲ 8% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
13 45
12 45
8% 8% 0%
$650 $814,663 $742,500 18% 8 45
-0.7% 11% 28% 62% 63% 0%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$645 $908,184 $950,000 29%
$588 $785,729 $775,000 27%
10% 16% 23%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● OCT 2022 ● OCT 2023
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
45
45
45
34 34
33
32
31
31
31
28
25 25 25
23
17
21
13
15
12
14
1
1
8
8
7
$950K
$915K
$875K $868K
$880K $885K $900K
$810K
$790K $830K
$775K
$748K
$743K
BURNABYNORTH REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
14
4
4+ bdrms
12
3
10
67%
6
3 bdrms
8
27
40%
6
36%
1
4
2 bdrms
14%
14%
13
2
0
2 2
<2 bdrms
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
S-L RATIO SALES INVENTORY
3 2 67%
14 2 14%
10 4 40%
11 4 36%
7 1 14%
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